Binance News: CZ Donates 1,000 BNB to Support Earthquake Relief in Myanmar and Thailand

In a gesture of support and solidarity, Binance’s co-founder Changpeng Zhao, popularly known as CZ, has made a significant donation to assist those affected by the recent earthquake in Myanmar and Thailand.

Binance’s CZ Donates 1,000 BNB to Myanmar and Thailand for Earthquake Relief

Following the 7.7 magnitude earthquake that struck NEAR Mandalay, Myanmar, affecting both Myanmar and Thailand, Changpeng Zhao, co-founder of Binance and known as CZ, has donated 1,000 BNB to support disaster relief efforts. The funds will be split evenly between the two countries. Zhao plans to use Binance Thailand for distribution but may consider other third parties. The earthquake has caused over 1,000 injuries, and the death toll is expected to rise. Myanmar’s junta chief, Min Aung Hlaing, has requested aid for the recovery effort.

PEPE Whale Sells 150B Tokens, 20% Price Crash Feared

During the ongoing bearish market sentiment, Pepe (PEPE), the world’s third-largest meme coin, has lost its key support and is poised for a massive price drop. On March 29, 2024, blockchain analytics firm Lookonchain revealed on X (formerly Twitter) that an OG PEPE holder sold 150 billion PEPE tokens worth $1.14 million on Binance. This whale has sold a total of 1.02 trillion PEPE meme coins for $6.66 million so far, raising concerns about a significant price decline.